Groestlcoin
(GRS) Price, Stats & News

Groestlcoin
Summary

Groestlcoin is a cryptocurrency designed to level the mining playing field and avoid centralization of the currency. It used the Groestl-512 mining algorithm which has a very low energy and power usage making it easy for anyone to mine. There are no application-specific integrated circuits (ASIC) for Groestlcoin making it harder for miners to gain a competitive advantage over others.

The Groestlecoin environment provides a multi-platform wallet for Android, iOS, Blackberry, Windows, MacOS, Linux, ChromeOS, and Web. Fees for transactions are nearly zero with most transactions incurring a fee between 0.000045 and 0.00019 GRS ($0.00007 and $0.0003) depending on the wallet you use.